Brazilian Petrobras Distribuidora’s stock prices set at the level of 24,5 reais

Petrobras Distribuidora, the Brazilian oil company, has priced its next share offering on Tuesday at 24,5 reais per stock. Around 1% discount was added to the offering price to the stock closing on 23 July. Petroleo Brasileiro SA, a parent company, is expected to increase up to 9,6 bn reais or 2,54 billion dollars.   

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